Monday, March 26, 2007

The way to move forward

Heilbroner states through his book that a base of technology and technological advances are what can build the foundation of a great empire or society. Seen in my civilization IV game and throughout society today I have found that it is essential to have the advancments in technology and procedures to grow or expand a flourishing economy. In an article fromt he New York Times by Paul J Lim it reads that throughout the stock market today to create an unstability that will increase demands and supplies differently one must look to technology. This year companies that have produced a lot of money and have it ready to dispose are looking to capture new technology and open up their windows to advnace in becomnig a larger stronger force. Lim states " investors are likley to covert stocks that can produce decent earnings, and accoriding to Thomson Financial,. the sector that is suspected to produce the biggest earnings gains this year is technology." Throughout history technology has always stood one of the most significant things of economics. Producing a better material or producing that same material for less can result in a change in the market. Technology overall is great for the market and for society as a whole!

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